Brown Brothers Harriman & Co Has Raised Its Bankunited (BKU) Stake; Shorts at Harborone Bancorp (HONE) Raised By 0.86%

November 14, 2017 - By Nellie Frank

Brown Brothers Harriman & Co increased Bankunited Inc (BKU) stake by 21.32% reported in 2017Q2 SEC filing. Brown Brothers Harriman & Co acquired 417,595 shares as Bankunited Inc (BKU)’s stock declined

15.67%. The Brown Brothers Harriman & Co holds 2.38 million shares with $80.12 million value, up from 1.96M last quarter. Bankunited Inc now has $3.62B valuation. The stock rose 0.92% or $0.31 reaching $33.88 per share. About 552,077 shares traded. BankUnited (NYSE:BKU) has risen 1.12% since November 14, 2016 and is uptrending. It has underperformed by 15.58% the S&P500.

Harborone Bancorp Incorporated (NASDAQ:HONE) had an increase of 0.86% in short interest. HONE’s SI was 176,300 shares in November as released by FINRA. Its up 0.86% from 174,800 shares previously. With 33,300 avg volume, 5 days are for Harborone Bancorp Incorporated (NASDAQ:HONE)’s short sellers to cover HONE’s short positions. The SI to Harborone Bancorp Incorporated’s float is 1.33%. About 10,460 shares traded. HarborOne Bancorp Inc (NASDAQ:HONE) has 0.00% since November 14, 2016 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 1.16 in Q2 2017. Its down 0.07, from 1.23 in 2017Q1. It turned negative, as 23 investors sold BKU shares while 78 reduced holdings. 36 funds opened positions while 81 raised stakes. 100.71 million shares or 0.23% more from 100.49 million shares in 2017Q1 were reported. Victory Capital Mngmt accumulated 0.12% or 1.58 million shares. Bluecrest Capital Management Ltd accumulated 8,175 shares. Aperio Group Inc Ltd Liability Com invested 0% in BankUnited (NYSE:BKU). Weiss Multi stated it has 0.02% of its portfolio in BankUnited (NYSE:BKU). Tudor Et Al holds 0.01% of its portfolio in BankUnited (NYSE:BKU) for 13,977 shares. Cambiar Limited has 107,089 shares. State Street invested in 4.03M shares or 0.01% of the stock. Laurion Cap Limited Partnership accumulated 13,662 shares. Manning Napier Advsrs Lc stated it has 19,375 shares. Numeric Investors Ltd Liability Company reported 45,400 shares. Principal Financial invested in 14,881 shares or 0% of the stock. Reilly Fin Advsr Ltd Liability Corp has invested 0% in BankUnited (NYSE:BKU). Lenox Wealth Mgmt holds 150 shares. Qs Invsts Ltd Co, New York-based fund reported 6,280 shares. Public Employees Retirement Of Ohio has 366,619 shares for 0.07% of their portfolio.

Brown Brothers Harriman & Co decreased Intel Corp (NASDAQ:INTC) stake by 19,908 shares to 124,644 valued at $4.21M in 2017Q2. It also reduced Ishares Core S&P 500 Etf (IVV) stake by 2,967 shares and now owns 54,591 shares. Liberty Interactive Corp (NASDAQ:QVCA) was reduced too.

Among 15 analysts covering BankUnited (NYSE:BKU), 7 have Buy rating, 3 Sell and 5 Hold. Therefore 47% are positive. BankUnited had 39 analyst reports since July 29, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Hold” rating and $4200 target in Friday, May 26 report. Bank of America upgraded BankUnited (NYSE:BKU) on Friday, September 11 to “Buy” rating. Hovde Group upgraded the stock to “Outperform” rating in Tuesday, January 19 report. The firm earned “Outperform” rating on Thursday, January 14 by BMO Capital Markets. As per Wednesday, April 26, the company rating was upgraded by Keefe Bruyette & Woods. On Thursday, December 1 the stock rating was initiated by FIG Partners with “Market Perform”. As per Tuesday, November 1, the company rating was upgraded by Hovde Group. Barclays Capital maintained it with “Equal-Weight” rating and $37 target in Friday, January 22 report. UBS maintained BankUnited (NYSE:BKU) on Friday, January 22 with “Buy” rating. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, April 26.


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